The windfall from RBI may be used to trim borrowing, help fund Rs 3.3 lakh crore capex plan, capitalise banks and provide fiscal stimulus to some stressed sectors, experts and economists said.
If cleared, the ONGC arm will become the first subsidiary company of an existing Maharatna to get into this superior league among government-owned entities.
The president-elect has vast public, social, and political experience which will help him better to discharge his duty as the First Citizen of India.
The chief of the Central Intelligence Agency on Friday apologised for the United States' spy agency's surveillance of computers used by lawmakers and their staffers involved in investigating the organisation's harsh interrogation techniques.
Arun Jaitley had proposed to set up a Public Debt and Management Agency.
Any company resident in a country has to pay both indirect taxes as well as Income Tax.
It would be a good idea to create independent oversight committees for each regulatory institution and indeed, even for their appellate bodies, says A K Bhattacharya.
'We have promised to ensure reduced tax rates.'
The Board of Control for Cricket in India is likely to challenge the Central Information Commission's ruling that the cricket board be brought under the Right to Information act with a top official accusing the Committee of Administrators (COA) of 'wilful negligence' in dealing with the matter.
Keen to have a representation in the ICC's Elite panel of Umpires, the BCCI is all set to set up a National Umpires Academy in the country to improve the standard of officials.
Indian Council of Medical Research Director General Balram Bhargava said the purpose of the COVID vaccine drive would be to break the chain of viral transmission.
'The prime minister did not think that COVID-19 was a serious challenge as late as March 20.'
Age-fudging has been a big problem in Indian sports
Even with the elevation of Nirmala Sitharaman to the post of defence minister, the party still needs to redress the gender imbalance and fill the 33 per cent quota in posts.
Thanks to the recapitalisation by the government and measures taken by the central bank, collapse of any large housing finance company won't pose as big a risk as it had six months ago.
Resolution to the bad loans problem has to be incremental, and the RBI has to ensure NPAs are not swept under the carpet, HDFC chairman Deepak Parekh tells Joydeep Ghosh.
The board at AIIMS including members belonging to SC/ST said Krishnan died due to asphyxia and no injury mark was found on the body.
Central bank sees action as discriminatory, unfair
The Congress is close to finalising candidates for 100 Lok Sabha seats after the first meeting of its Central Election Committee tonight, but a decision on the fate of sitting members of the Lower House will be taken only after Parliament session concludes on February 21.
Moreover, all her existing and future entitlements such as any unpaid amounts, unpaid bonuses or increments, unvested and vested and unexercised stock options, and medical benefits will be revoked.
Parliamentary Standing Committee on Human Resource Development headed by Satyanarayan Jatiya has slammed SAI for not roping in sportspersons even 20 years after being asked for restructuring of the "unwieldy and monolithic bureaucratic organisation
Special Judge O P Saini took strong objection to the agencies seeking repeated adjournments.
The overall Air Quality Index was recorded at 231 on Sunday which falls in 'poor' category.
The most unusual howls of protest from Bollywood have shown that even people known for party drugs draw the line somewhere, says Mitali Saran.
According to the draft, in the northeastern states the threshold is at Rs 500,000.
A better system of operating central and state PSEs, and indeed all commercial activities of the government, would require eliminating the current system that oversees them.
How China's all powerful Communist party bungled the response to the coronavirus crisis.
'If Urjit Patel had resigned after the five-state elections results people would have taken a different view. So this was the right time for him to resign.' 'He rightly resigned as he felt the differences with the government were not getting settled.'
...Is this a virus more dangerous than Covid-19, asks Ajit Balakrishnan.
Alexandr Kogan, the Cambridge University researcher who developed the app used by Cambridge Analytica, claimed he has been made a scapegoat.
One of the key concerns of foreign investors is how the general anti-avoidance rule would apply in case an investor is availing benefits under double taxation avoidance agreement.
13 eminent economists, including former RBI governor Raghuram Rajan and current International Monetary Fund Chief Economist Gita Gopinath, in a report have asked the political establishment not to resort to populist tricks.
Raghuram Rajan has appointed him as head of several committees soon after taking charge.
An Istanbul-bound Turkish Airlines flight from Bangkok with 157 passengers and crew on board landed at the Indira Gandhi International Airport in New Delhi under emergency conditions following a bomb scare but was cleared for take-off after the security agencies did not find any explosive.
'You will not have a vaccine for everyone initially.'
G K Pillai, who heads the government's SEZ panel, demystifies SEZs and the controversy surrounding them.
Many bankers say the move will have a serious impact on the chain of command of nationalised banks and that it would only enable the government to dish out favours to a few of their own men.
The Board of Control for Cricket in India's Committee of Administrators (COA) on Tuesday doubled the annual retainership amount to Rs 2 crore for seven Grade A cricketers, including captain Virat Kohli and former skipper Mahendra Singh Dhoni.
Standing committee on finance to also focus on RBI autonomy and citizen's rights.
'What is happening is worse than Talibanisation.' 'There is no way a film-maker can fight these fringe groups, these extra-constitutional authorities.'
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances